Tata Steel KZN enters business rescue, held talks with potential buyers

South African ferro-chrome producer Tata Steel KZN has gone into business rescue and has held talks with several parties who may be interested in acquiring the company or its assets, Metal Bulletin has learned.

Documents including a notice of the beginning of the business rescue proceedings, seen by Metal Bulletin, were stamped by South Africa’s Companies and Intellectual Property Commission on July 8. They...


Janie Davies

July 15, 2015

12:19 GMT